A matter of life and death

posted by
January 11, 2011
Foundation for Economic Education
by Sandy Ikeda  
Posted in Commentary

"I had the privilege of studying under Israel M. Kirzner at New York University in the 1980s. In 2006 Professor Kirzner, one of Ludwig von Mises’s most gifted American students, was given a lifetime achievement award from the Society for the Development of Austrian Economics. In his acceptance speech he made the rather startling statement that the most important lesson he learned from Mises, one of the greatest economic theorists of his age, had nothing directly to do with economic theory at all. Rather, it was that the study and teaching of economics are literally matters of life and death." (01/11/11)



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